CommercialCOMMERCIAL & RESIDENTIALLeaseholdDistrict 1 · Downtown Core

Uic Building

Reviewed by Nathan TangUpdated 8 November 2026Data through Apr 2007

Quick Summary

Uic Building is a commercial building in District 1 · Downtown Core, on land zoned COMMERCIAL & RESIDENTIAL under the URA Master Plan with a gross plot ratio of 11.2. It is leasehold with roughly 42 years remaining. 1 transaction is on record since 1995, most recently in Apr 2007. 5 units are currently listed for rent. ACRA records 971 live company registrations at this address.

The facts are here — now get the verdict on Uic Building.

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What are the key facts about Uic Building?

Key takeawayUic Building is a commercial building in District 1 · Downtown Core, zoned COMMERCIAL & RESIDENTIAL, held leasehold.

Asset class: Commercial
Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 11.2
Tenure: Leasehold
District / Area: District 1 · Downtown Core
Address: 5 (Enbloc) Shenton Way
Land area: 6,065 sqm
Completed: Not on record
Storeys: 54 (© OpenStreetMap contributors)
Strata units (MCST): 526
Strata formed: 2018
Owner: Singapore Land Group (SGX filings)
Submarket: Shenton Way / Tanjong Pagar
Listed as: Office
Transactions on record: 1 (records start 1995)
Live listings: 5
ACRA registrations: 971

Who owns Uic Building, and what is it valued at?

Key takeawayUic Building is owned by Singapore Land Group, listed on SGX. The figures below come from its own SGX filings, each with its date. A valuation is an independent valuer's opinion for the owner's accounts, not a sale price.

Valued at S$740 million as at 30 Jun 2026, by Edmund Tie & Company (SEA) Pte Ltd.

per Singapore Land Group's SGX filing, 11 Aug 2026

Earlier: S$740 million (31 Dec 2025) · S$740 million (30 Jun 2025) · S$740 million (31 Dec 2024) · S$740 million (30 Jun 2024)

Source: the owners' own filings on SGX — notices of valuation of real assets, acquisition and divestment announcements, and annual reports. Facts only, each with its date; a valuation is not a sale price, and occupancy and WALE are as of the date shown. Only REITs and SGX-listed companies file these: a building with a private owner shows no owner here.

About Uic Building

Uic Building is a commercial building in Downtown Core (District 01). It is located along (Enbloc) Shenton Way, Singapore 068808.

Under the URA Master Plan it sits on land zoned commercial & residential with a gross plot ratio of 11.2. It lies inside the Central Area.

The site is leasehold, with about 42 years remaining on the lease. It occupies roughly 6,065 sqm of land with about 86,782 sqm of gross floor area.

1 transaction has been recorded here, at a median of S$1,101 psf. The most recent was in April 2007.

998 businesses are currently registered at this address with ACRA.

The nearest MRT is Shenton Way MRT, 109 m away (about a 2-minute walk). The closest bus stop (UIC Bldg) is 68 m away (about a 1-minute walk). Icon Village is 604 m away (about a 9-minute walk).

What is Uic Building zoned as?

Key takeawayUic Building sits on land zoned COMMERCIAL & RESIDENTIAL with a gross plot ratio of 11.2, inside the Central Area.

Land-use zone: COMMERCIAL & RESIDENTIAL
Gross plot ratio: 11.2
Urban design area: Udga
Central Area: Yes

Run the full zoning report for this building →

What has Uic Building sold for?

Key takeaway1 transaction is on record since 1995, most recently in Apr 2007 — too few to support a median, so the deals themselves are listed instead.

Date	Use	Price	Area	PSF
Apr 2007	Office	S$600.00M	545,143 sqft	$1,101

URA/JTC records from 1995 — that is where the record starts, not when the building was built. Strata and land deals can mix in one building's history; compare like with like. sqm ↔ sq ft converter

What does space at Uic Building rent for?

Key takeawayNo street- or building-level rent is published here. Across District 1 retail, retail space rented at a median of $10.02 psf a month in 2026Q3, with the middle half of leases between $8.23 and $15.92. That is not this building's own rent, and never a quote for a particular unit.

Retail space — District 1 retail

Region band · 2026Q3

25th pct

$8.23

$88.64 psm

Median

$10.02

$107.81 psm

75th pct

$15.92

$171.42 psm

S$ per sq ft per month

A REGION BAND — URA's grid for the whole district or location, not this street or building. Say "across <district/location>, …", never that this building rents for it. The middle of URA's retail grid for District 1 across every floor and size band — a ground-floor shop and an upper-floor unit sit at very different points in it.

Source: URA REALIS retail rental analysis (district × floor × size grid).

Market context around Uic Building

Key takeawayBrokers' office figures for this part of Singapore — a broker's market figure, not this building's rent.

CBRE, 2Q 2026 (island-wide)

Islandwide: Vacancy 5%
Islandwide (Grade B): Rent S$8.35 psf/mth

Singapore Figures Q2 2026

Cushman & Wakefield, 2Q 2026

Shenton Way / Tanjong Pagar: Rent S$11.02 psf/mth · Vacancy 9.6% · Planned / under construction 1.64m sq ft

Singapore Office MarketBeat Q2 2026

Official series (URA, 2026Q3): Office vacancy rate (Whole Island) 10 (-1.2 pp on the year) · Office rental index (Central Region) 203.4 (+1.8% on the year).

Brokers draw submarkets and grades differently; each figure is the broker's own, for its own area, cited to its report. Rents are per square foot per month.

How fast units move at Uic Building

Key takeawayBased on listings we track, as of our last check on 28 Aug 2026: 5 units for rent.

Rent: between 6 Aug 2026 and 28 Aug 2026, 0 new listings appeared and 0 came off (sold, let or withdrawn). Days on market: not enough history yet — we began tracking on 6 Aug 2026.

One count per unit, however many agents list it. Asking prices are not tracked over time, so price cuts are not shown.

What do commercial rents run near Uic Building?

Key takeawayURA publishes contracted-rent percentile grids quarterly (latest: 2026Q3) — the benchmark evidence an asking rent should be weighed against.

Indicative area yield — District 1 retail

Gross yield (area)

3.4%

3.0% net of property tax

Rent side (median of bands)

$107.81 psm/mo

2026Q3

Price side (strata, 5y)

$3,561 psf

90 sales

An INDICATIVE AREA yield for District 1 retail — NOT this building's yield, and not any unit's. Commercial rents are published as a district percentile grid, so both halves describe the district.

Priced on STRATA sales only: rent is quoted per unit of lettable area, and commercial land PSF runs far above strata — mixing them would shift the ratio sharply.

Net deducts the 10% non-residential property tax ONLY — not vacancy, maintenance, agent fees, financing, or the 9% GST on purchase.

Retail rents — District 1 ($ psm/month, 2026Q3)

Floor level · size band	25th pct	Median	75th pct
Level 2 & 3 · 30 & Below	$82.69	$99.35	$120.39
Level 1 · 30 & Below	$172.73	$245.52	$332.57
B1 & Below · 30 & Below	$87.33	$172.91	$321.72
Level 2 & 3 · >30 - 100	$77.43	$95.09	$183.52
Level 1 · >30 - 100	$106.77	$168.33	$217.05
B1 & Below · >30 - 100	$117.40	$198.29	$365.38
Level 1 · >100 - 300	$115.69	$148.57	$187.43
B1 & Below · >100 - 300	$148.73	$233.33	$396.56

Office rents — Central Area ($ psm/month, 2026Q3)

Building class · size band	25th pct	Median	75th pct
Category 2 · 100 & Below	$54.65	$69.39	$88.80
Category 1 · 100 & Below	$103.62	$122.24	$132.43
Category 1 · >100 - 200	$116.28	$126.99	$148.35
Category 2 · >100 - 200	$65.57	$82.87	$97.63
Category 1 · >200 - 500	$114.67	$128.09	$145.77
Category 2 · >200 - 500	$64.83	$82.57	$94.73
Category 1 · >500 - 1000	$106.56	$137.78	$148.23
Category 2 · >500 - 1000	$85.04	$89.34	$109.80

URA REALIS rental-contract percentiles for the district/location — an area benchmark, not this building's own rents. Office and retail are dimensioned differently and are never mixed.

What is available at Uic Building right now?

Key takeaway5 units are currently listed at Uic Building. One row per unit; several agents often market the same unit.

For rent (5)

Uic BuildingS$49k/mo · 4,432 sqft
Uic BuildingS$55k/mo · 5,000 sqft
UIC Building2 agentsS$40k/mo · 3,500 sqft
UIC Building2 agentsS$51k/mo · 4,432 sqft

Browse every listing at this building →

What is near Uic Building?

Key takeawayThe nearest MRT/LRT is Shenton Way MRT, about 109 m away.

Getting around

Shenton Way MRT109 m · ~2 min

Amenities nearby

UIC Bldg · 68 mShenton Way MRT Exit 6 · 73 mTrinity Medical (Shenton) · 91 mAp House Pte. Ltd. · 176 mHotel · 248 mPlace Of Worship · 282 mTelok Ayer Pk · 314 mAmoy Street Food Centre · 415 mIcon Village · 604 mKreta Ayer Community Club · 824 m

Straight-line distances. Source: PropKaki amenities data.

Getting there and parking at Uic Building

Key takeawayThe nearest station is Shenton Way (TE19), 73 m away — a moderately busy station, with about 32,000 taps in and out on an average weekday. 13 public car parks are within 500 m.

Foot traffic: busier than 74% of office buildings

nearest MRT/LRT Shenton Way (TE19) 73 m, about 32,000 taps a weekday; 9 more stations within 1 km; bus stops within 400 m: 8, about 16,000 taps a weekday; Downtown Core: 284,004 resident workers (Census 2020, by workplace); about 14,000 residents within 1 km (June 2026). Ranked against 485 office buildings by PropKaki's model: a relative score, not a footfall count.

A relative score from PropKaki's model (station and bus taps nearby, workers and residents around), not a count of people.

Stations within 1 km

Shenton Way (TE19)73 m · about 32,000 weekday taps
Tanjong Pagar (EW15)276 m · about 85,000 weekday taps
Downtown (DT17)410 m · about 51,000 weekday taps
Telok Ayer (DT18)501 m · about 37,000 weekday taps
Prince Edward Road (CC32)532 m · 3,673 weekday taps

Taps are fare-card taps in and out at the station's gates on an average weekday (Jul 2026 to Sep 2026) — people passing through, not visitors to Uic Building. Transfers between lines don't tap, so interchanges read low.

Bus

8 bus stops within 400 m, with about 16,000 boardings and alightings on an average weekday.

Public car parks within 500 m

Backlane (Boon Tat St - Mccallum St) (URA)290 m
Prince Edward Rd - She Nton Way Off St (URA)294 m
S$1.50 per half-hour at midday on a weekday · 84 car lots
Marina View Off St (URA)314 m
S$1.20 per half-hour at midday on a weekday · 44 car lots
Mccallum St (URA)327 m
S$1.20 per half-hour at midday on a weekday · 11 car lots
Backlane (Mccallum St) (URA)334 m

Nearest URA season parking: Blair Road-Everton Roa D Area, 1.4 km away, S$80/month.

Public car parks only, by straight-line distance, with the operator's published rates. Uic Building's own car park, if it has one, and its charges are not in the open data.

Who's registered at Uic Building?

Key takeaway971 live companies (and LLPs and branches; sole proprietors are not counted) list Uic Building as their registered address. These are registered businesses, not who occupies the space.

Financial and insurance
430
Transportation and storage
157
Professional, scientific and technical services
128
Information and communications
91
Wholesale and retail trade
89
Administrative and support services
35
Manufacturing
14
Education
9
Construction
6
Real estate
5

Registered businesses, not who occupies the space: companies, LLPs and branches whose REGISTERED address is this building (ACRA), by industry. Sole proprietors are not counted; no business is named. ACRA, as of 2026-09-16.

Frequently asked questions about Uic Building

Where is Uic Building?⌄

Uic Building is at 5 (Enbloc) Shenton Way, Singapore 068808, in the Downtown Core planning area.

What is Uic Building zoned as?⌄

Uic Building sits on land zoned commercial & residential under the URA Master Plan, with a gross plot ratio of 11.2.

What is the tenure of Uic Building?⌄

Uic Building is leasehold. About 42 years remain on the lease.

What have units at Uic Building sold for?⌄

Across 1 recorded transaction, the median price is S$1,101 psf. The latest was in April 2007.

What is the nearest MRT station to Uic Building?⌄

Shenton Way MRT is the closest, 109 m away (about a 2-minute walk).

How many businesses are registered at Uic Building?⌄

998 businesses are currently registered at this address with ACRA. That is a measure of registered addresses, not of how many businesses physically occupy the building.

For agents · in the PropKaki app

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Read the figures right

Year of completion is not on record for this building. Building age cannot be stated.

Total units: the strata units in the building's MCST (BCA's register) — strata lots, not tenancies; a single-owner building can be one lot. Units with a recorded sale (URA caveats) are a separate figure.

Strata lots: the lot count in the development's MCST (BCA's register) — the whole development, homes included where it is mixed; a single-owner mall or tower can be one lot.

Strata formed: the year the MCST was set up (BCA's register). NOT the year the building was completed — an MCST forms after TOP, sometimes years later. Never state it as the building's age.

Submarket: PropKaki's own map from URA's planning subzones (CBD core, City Hall / Bugis, Orchard, city fringe, regional centres, suburban). Brokers draw these lines differently.

Changes of use: URA planning approvals recorded at this building since 2000 (any unit; renewals of a temporary permission not counted). History only — Past approvals are not today's approved use; check with URA's approved-use enquiry before signing. Never say a use is allowed, permitted or approved for a unit, and never say a use would be approved.

Approved for a new building: the year URA approved the latest new erection or redevelopment here. An APPROVAL year, not a completion year — never state it as the building's age.

Owner: the REIT or SGX-listed company whose latest valuation notice or annual report lists this building (a later divestment removes it). '(N% interest)' or '(part of the strata)' when it holds less than the whole. A building with no listed owner shows none — a private owner is never named.

Station taps: average weekday fare-card taps in and out at the nearest MRT/LRT station (LTA DataMall). People passing the station's gates, not people visiting this building.

Foot-traffic score: PropKaki's relative score from nearby MRT and bus taps, workers and residents around (and, for retail, competing malls), ranked against buildings of the same kind. A percentile, not a count of people.

Company REGISTRATIONS at this address (ACRA), not a tenancy schedule. Registration does not mean the company physically occupies space here, and a low count does not mean the building is empty. Do not describe this as occupancy or vacancy.

Unbuilt GFA cannot be computed here — it needs BCA built-GFA, which covers about 5% of commercial buildings and no industrial ones. Zoning and plot ratio are on record; headroom is not.

Storeys: from OpenStreetMap (© OpenStreetMap contributors), volunteer-mapped, not an official record. Shown only because no official or listed floor count is held for this building.

Reviewed by Nathan Tang

Nathan Tang has over 10 years of property experience across condominiums, HDB flats and commercial property, specialising in property research and finance.

Figures draw on URA and JTC records, URA Master Plan zoning, ACRA registrations and live commercial-portal listings; building facts from BCA's MCST register, PropKaki's submarket map, URA planning decisions, the owner's SGX filings, URA car park data (URA Data Service), LTA DataMall passenger volumes, PropKaki's foot-traffic model, OpenStreetMap (© OpenStreetMap contributors) — see our methodology. Last updated 8 November 2026. For general information, not financial advice.

Owners, valuations and deals: the owners' own filings on SGX (notices of valuation of real assets, acquisition and divestment announcements, annual reports), facts only, each with its date.

Getting there and parking: LTA DataMall passenger volumes and car parks, URA Data Service car park rates, HDB and JTC car park information (data.gov.sg) and HDB's published parking charges, Census of Population 2020 and the Singapore Department of Statistics' June 2026 resident population (Singapore Open Data Licence). The foot-traffic score is PropKaki's own relative model, not a count.

Market context: figures cited from CBRE Research (Singapore Figures) and Cushman & Wakefield (Singapore MarketBeat), each with its quarter and report; flexible-workspace centres from the operators' public location lists; collective sales from marketing agents' announcements and news reports, each linked.

Rents: URA rental statistics for office and retail space by street (IRAS-stamped contracts), JTC J-SPACE rentals by building and by street, JTC price tenders, and URA REALIS rental grids. SLA tender results and JTC posted land rents are held for state and JTC land.